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Updated over 3 years ago,
Airbnb / Short-term financing
Hello!
My wife and I are building our Airbnb rental business and also have been heavily involved in traditional real estate. With traditional financing for real estate being more strait forward with 9% - 7% hard money or working through a bank loan. What are some ways to secure financing for short -term Airbnb rentals knowing that they are more of a buy and hold.
Any advice from individuals who have done this before on the best way to secure financing?
I live in Austin and the Airbnb market is incredible but also individual units are expensive.
Thank you!